Getty Images Lawmakers in the US have passed the country’s first major national cryptocurrency legislation. It is a major milestone for the once fringe industry, which has been lobbying Congress over regulation for years and poured millions into last year’s election, backing candidates that included Donald Trump. The bill sets up a regulatory regime for so-called stablecoins, a kind of …
Read More »:max_bytes(150000):strip_icc()/GettyImages-2225280359-aa239360456c41bca6c9690723fb98db.jpg "Trump’s Support for the GENIUS Act Lifts Bitcoin, Crypto Stocks After Minor Hiccup")
Key Takeaways President Donald Trump said he expects the GENIUS Act to clear a key procedural hurdle Wednesday after the stablecoin bill ran into resistance a day earlier. The price of Bitcoin climbed above $119,000, and shares of crypto companies like Circle and Coinbase improved in recent trading. Trump said on Truth Social he convinced Republicans who voted with Democrats …
Read More »US House votes to move forward with stablecoin GENIUS, crypto market structure bills following tumultuous procedural vote The Block Crypto bills stall again on House floor Politico Trump says crypto regulation bills that failed to advance earlier now have the votes to move forward CNBC Genius Act, Clarity Act, Crypto Week, and Why It All Matters Barron’s Republicans declared it ‘crypto’ week in the …
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